Lionsgate and Saban Brands announced the “Power Rangers” project in May. The studio tapped Dean Israelite to direct earlier this month from a script by Ashley Miller and Zack Stentz.
“Power Rangers” creator Haim Saban is producing the film along with Brian Casentini, head of development and production for Saban Brands, and Allison Shearmur, who oversaw “The Hunger Games” as president of production at Lionsgate.
Saban launched “Mighty Morphin Power Rangers” in 1993 as a live-action TV series. It has been in continuous production ever since, with the series renamed each year — the latest iteration is “Power Rangers Super Megaforce,” which began airing in February.
Details have yet to emerge on plans for the new film franchise other than that the Mighty Morphin Power Rangers will be portrayed as a group of high school kids who are infused with superpowers and must harness those abilities as a team to save the world.
Lionsgate announced a number of other changes to its release schedule on Thursday. It set Kristen Stewart’s “American Ultra” for Aug. 21 and moved “Criminal” back to Jan. 22 from its previous berth on Aug. 21; shifted Gerard Butler’s “Gods of Egypt” back to April 8 from Feb. 12; and set a July 15, 2016, date for the Ryan Gosling-Emma Stone musical “La La Land,” directed by Damien Chazelle.